When an article was sold at 12% profit , the profit is Rs.48 . What is the cost price ?
Let the C.P. of the article be Rs x
Given: Profit = Rs 48
⇒ 12% of C.P. = Rs 48
Hence of C.P. of the article is Rs 400.
When an article was sold at 12% profit , the profit is Rs.48 . What is the cost price ?
Let the C.P. of the article be Rs x
Given: Profit = Rs 48
⇒ 12% of C.P. = Rs 48
Hence of C.P. of the article is Rs 400.